THE CHESTNUTS, BRIDEWELL LANE, BOTESDALE, DISS, IP22 1DS - £565,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE CHESTNUTS is a very large detached house of 173m², built sometime between 1983 and 1990. It was last sold for £565,000 in April 2023, which was around 30% above the average April 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows two sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two THE CHESTNUTS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 19 APR	£565,000	£435,156	30% above HPI
1997 1 MAY	£151,000	£83,085	82% above HPI

THE CHESTNUTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two THE CHESTNUTS sales from May 1997 and April 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the April 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 173m² according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Botesdale, based on EPC data. The below chart shows the distribution of detached houses by size in Botesdale, and where THE CHESTNUTS lies on this distribution: 85% of detached houses are smaller than THE CHESTNUTS, and 15% of houses are larger. Note that EPC data is not available for all properties in Botesdale.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.510 of an acre, or 2,064m². The below map shows the location of THE CHESTNUTS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE CHESTNUTS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE CHESTNUTS?

THE CHESTNUTS is located on BRIDEWELL LANE in BOTESDALE, in the IP22 postcode district. The below map shows the position of THE CHESTNUTS on BRIDEWELL LANE.